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they can justify raising taxes on the middle-class who have been buried the last four years. >> to joe biden. no, don't boo. he is the best thing we have got going, guys. >> it was the biggest brownson's encore. i read that in a column friday morning. on the cover 25th, 1415 on christmas day at parkton corps, king henry led his army to victory. charles the six was mentally incapacitated at the time of battle. that is as far as i want to take that one. agincourt? >> yes, you were there, as i recall. you covered it for the daily frog. it was quite a rout. when i wrote the column, i try to keep from gloating, but i'm not sure i succeeded. >> you did not. >> the washington punditry heavily supported by the polling concludes that government romney won the first debate hands down and that the president was off his game. >> you have been president four years. you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the
government. >> that trickle down government phrase looks like an attempt to neutralize attacks on his tax plan as just one more version of, quote, trickle down economics. romney did some major cleanup work yesterday on the comment that had been the most damaging to his campaign in the last few weeks, the 47% comment. >> clearly, in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. in this case i said something that is just completely wrong. i absolutely believe, however, that my life has shown that i care about a hundred percent. >> that's what he said. everything he said there he said was completely wrong. does raise this question. how many resets can a presidential nominee have? take a look at romney's shifting responses over the last three weeks on 47% to put it all in perspective. >> as i point out i recognize that among those that pay no tax approximately 47% of americans i'm not likely to be highly successful with a message of lowering taxes. you know, it's not elegantly stated. let
and your taxes. >> unlike president obama, i will not raise tax on the middle class of america. >> i want to reform the tax code so it's simple, fair. >> the candidates' opinions couldn't be more different and the stakes couldn't be higher. >> their philosophy is if you don't are health insurance, don't get sick. >> now is the moment we can do something. and with your help, we will do something. >> cnbc's coverage of the first presidential debate of the 2012 presidential election begins now. >> tonight some of the most influential figures in the nation on the economy join us here on cnbc. >> we've got representative and hopeful ron paul with us. texas, from texas. he is of course outspoken about the federal reserve policies. robert reich is here with us tonight. also with us grover norquist. the man behind the no new taxes pledge so many republicans made. and bob lutz a former top auto executive. the auto bailout expected to be a big topic tonight. and we've got president of the aflcio. unions of course a major constituency. and roger altman. as you can see the lineup card is full. going
. and he was caught in a lie today about his secret tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just
tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series "the west wing." nd.. ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. most paints have color that sits on the su
's start with taxes. governor, the president keeps saying that mitt romney is proposing a $5 trillion tax cut. that is not true. >> chris, wait a minute here. the governor, i mean former governor romney is proposing a 20% cut to income taxes including income taxes for the wealthiest of americans and i believe a 30% cut to corporate income taxes including for people like big oil that are socking all of us at the pump reit now. any economist may debate whether that adds up to $4.9 trillion or add up to 5 trillion dollars but the fact of the matter is in this debate we saw big bird meet the big lie. in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire aro teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >> but he won't s
about his position and let's start with taxes. governor, the president keeps saying that mitt romney is proposing a $5 trillion tax cut. that is not true. >> well, chris, wait a minute here. the governor -- former governor romney is proposing a 20% cut to income taxes, including income taxes for the wealthiest of americans. and, i believe a 30% cut for corporate income taxes, including big all, socking all of us at the pump, right now and any economist may debate whether it adds up to $4.9 trillion or $5 trillion and the fact of the matter. >> clayton: in this debate we saw big bird meet the big lie. those tax cuts, there are costs to those tax cuts, the biggest driver to our deficit... >> chris: if i may, sir, you are talking about half the planet like talking about obama's jobs plan, the entire plan is to give more money to teachers and, that is not obama's plans and similarly you are mischaracterizing the romney plan, saying, it is -- you are right, $5 trillion by lowering the tax rate but he talks about cutting loopholes... >> oh, chris, which loopholes and which deductions? sena
to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian chiefs today. with luck they were making $200 a month, but they were talented, they brought out the best in all of us. they were by example really fine people, and with the highest qualities. all that got transmitted to the children at class a even if they were not getting it at home. >> when you were running you were talking about increasing not necessarily dollars per capita, but investing in education, communications, and transportation. even while trying to reduce deficits and debt, you w
in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama officials today insisted that was not a gaffe, biden clarified. >> the middle class was buried by the policies of romney and ryan supported. >> republicans like rubio are off to the races. >> those happen to be the words that the distinguished vice president of the united states mr. joe biden. no, don't boo. he is the best thing we've got going, guys. >> reporter: now denver has always been big for this president. in 2008 is where he launched the hope and change in front of the great columns of the democratic convention. 2009. this is where he signed the stimulus in law. tonight, he puts it all on the line trying to make his case for a second term. bret? >> bret: ed, thank you. experts will tell you the challenger often gets a slight bump in the polls
worse economic news again. we saw that corporate tax has dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%. let me send it back to you. >> thank you very much. the first presidential debate. john harwood is on the ground in denver. he joins us with the latest nbc news "wall street journal" poll. it looks like things are starting to even out at least a little. is this the bounce that president obama got after the democratic convention coming back down? >> well, i think it's the bounce from the convention and the surge that he got on top of the convention with that 47% video, so there is some good news for romney. not only our national poll, but a
-- >> specific. >> it is not a goal to end tax breaks for companies that move jobs overseas and incentivize them to come back and create a million jobs in manufacturingp. we've seen the greatest increase in manufacturing jobs in more than 20 years under this president. so we have a sense of what has to happen in order to bring those businesses back and create those jobs. those aren't goals. you know, reducing our dependence on foreign oil by increasing our domestic production incentivizing clean energy to create jobs and put people back to work, those aren't goals, those are plans to continue to move this economy forward. look, i also hope that mitt romney will take some of the time paul ryan didn't want to take in his interview this weekend and try to explain the arithmetic behind their budget. paul ryan said it would take too long to explain their budget plan. the problem isn't the time and explanation. it's the math that's involved to make the statements that mitt romney and paul ryan have said line up to being anything close to the truth. and i think that governor romney will likely whether
, one of the most liberal governors in america. he has raised taxes five times. he just raised taxes last year. that is why i love people refer to him as tax hike mike. that is why they refer to the state of massachusetts as tax achussetts. i don't blame senator bentsen for not talking about michael dukakis. his talking more about his record. i had to blame the federal policies of -- the liberal policies of michael dukakis, i wouldn't do that either. >> you have the to protect the social security trust fund. but you must know that there's something to the argument of your fellow democrat bob strauss that some strain on security growth is needed or to tax social secure benefits as regular income. you spoke for a six-month delay on cost of milk -- cost-of- living increases. are you and gov. dukakis using this issue politically rather than dealing with it responsibly? >> social security is an issue where senator quayle voted eight times. they tried to cut the benefits for 62-year of retirees by 40%. they tried to do and and run on socials record when they first came in after promising n
romney believes with even bigger tax cuts for the wealthy and fewer regulations on wall street all of us will prosper. in other words, he doubled down on the same trickle-down policies that led to the crisis in the first place. >> how would you respond to that on wednesday? >> stop lying, mr. president. >> lying? what's the lie there? >> what romney said the wealthy will pay just as much under the romney administration -- the tax rate will go down. they'll lose deductions and other loopholes that they'll have them paying the same. that's what governor romney's plan. i love that ad. $4 trillion reduction in the debt, really, mr. president? really. he hasn't come forward with a plan. it's great ad. it sounds really nice and looks nice. but there's nothing substantive there. >> the comeback from president obama at that point, where are the details, that same question could be put to governor romney, you said hard truths in the convention, governor romney hasn't laid out which deductions will go away for the wealthy. >> the president of the united states has an obligation to be the one who's
. >>> preaching politics from the pulpit. hundreds of pastors plan to do it today. why? they want the irs to tax them. plus, hear from the man planning a death-defying recordsetting jump from the edge of space. >>> a campus police officer shot and killed this 18-year-old freshman at the university of south alabama yesterday. school officials say gilbert collar rushed the officer several times and kept threatening him. he reportedly was make ed and abbinging eradically. his friends remembered a different student. >> you could ask anyone that knew him. he was a great, loving guy. always made people smile. you know, is not the kind of guy that people move him and said he would do something like this. >> i want to bring in cnn legal contributor paul cowen joining us from new york. paul, good morning. >> good morning, randi. >> the victim in this case is 18 years old. he was a college freshman. considering the circumstances, he was apparently, reportedly, make ed. wouldn't they have been able to see that he wasn't armed? i mean, why do you think it led to something like this? >> you know, randi, the
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
. mitt romney is yet to be specific about his plans, his tax plans, his plans for entitlements. and so this is an opportunity for him to be specific. >> i was sort of surprised that governor, new jersey governor chris christie apparently didn't get the memo about downplaying expectations. i know the democrats are doing it furiously. the president himself doing it furiously. >> right. >> the republicans have been doing it furiously. here's what chris christie said over the weekend. >> well, listen, he's had a tough couple of weeks, let's be honest. i mean i'm not going to sit here and come on this morning and sugarcoat the last couple of weeks. they've been tough. but here's the great news for republicans. we have a candidate who is going to do extraordinarily well on wednesday night. he's going to contrast what his view is, and what the president's record is. the president's view for the future. and this whole race is going to be turned upside down come thursday morning. wednesday night's the restart of this campaign. i think you're going to see those numbers start to move right back i
the best breaks on taxes and other things. the second number that just broke out recently is 47%. it's that part of america that mitt romney has dismissed as freeloaders, moochers, takers in his words. i'm joined by howard fineman with "the huffington post." also we have romney's -- let's take a look at this howard, romney's 47% comments had a lasting impact on his standing. "the washington post" reported just today, quote, in the two weeks since the surreptitious video of the remarks surfaced, they have pierced the national consciousness in a way few blunders do. in the closing stretch of the presidential campaign, the moment has become a defining element of romney's candidacy. new poll by pew shows how deep these comments penetrated. 67% say they knew romney made those comments. that's of the whole country. of those people, 55% said they had a negative reaction toward hearing them. the only thing in politic that is is worse than voters deciding they don't like you is when voters decide you don't like them. howard, what a great turn of phrase by alex castellanos when voters sense yo
into both his tax reform proposal and plans for the middle class. yesterday, he finally offered up an idea saying in order to pay for his reform each taxpayer would have a limit on how much they could deduct. the number he threw out was $17,000 and compared that to a bucket saying you can take whatever deductions you want but once you hit $17,000 that's it. we heard his plan for undocumented immigrants. he would not revoke the temporary limitations adopted by the president but if elected there would be no more protections. we're coming back after the break. >> i wouldn't be where i am today if it wasn't for capella university. i go to work every day and know that i make a difference. when patients leave this office they have hope in their eyes. it make me feel like i'm really doing what i was meant to do. they have given me the tools that i need to be the best "me" that i can be. [ ♪ theme ♪ ] >> announcer: broadcasting across the nation on your radio and on current tv, this is the "bill press show." >> bill: karl rove accuses >> good morning. i'm jamal simmons in for bil
they might top it. >> arthel: and also a statement, romney pushing his tax policy, this weekend, right? >> reporter: of course in the wake of the debate in which the romney campaign it really defined the race, a choice between a dependency society with rising taxes that could hurt the recovery, versus the romney agenda which could cut taxes and rely fully on a smaller government and individual responsibility and entrepreneurial spirit and the romney campaign is attacking ever harder. here's a sample from last night. >> it has been calculated his tax plan raising taxes will cost 700,000 jobs. i will not raise taxes on small business and not raise taxes on middle income families. >> reporter: he will spend a little more time in florida and campaign here tomorrow and he has been doing a bit of debate prep with robhe senator from ohio and his debate sparring... playing the role of mr. obama and, monday, big foreign policy speech at the virginia military institute in virginia, and criticizing the president on foreign policy with specific criticisms of the way in which the administration han
-called fiscal cliff biened of the year. the tax policy center says taxes for almost 90%, 90% will go up by average of $3,500 with increases half a trillion dollars. automatic tax increases and deep spending cuts would kick in if the country goes over the fiscal cliff. >>> that is significant. look at some numbers. just, throw out numbers look that. doesn't really, doesn't really relate. can't put your mind around it. a married couple with two kids income of $100,000 would pay more, $6,000 more. and then, if some of the child deductions, obama's payroll tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major
news sunday. >> lowering tax rates by broadening the tax base works. and you can -- >> but i have to -- you haven't given me the math. >> i don't have the time -- it would take me too long to go through all of the math. let me say it this way, you can lower tax rates by 20% across the board, by closing loopholes and still have preferences for the middle class for things like charitable deductions for home purchases, for health care. >> where is the math? and is mitt romney going to be under pressure in this debate to produce the specifics as to how it will all add up? >> well, andrea, first that's a laughable question. where's the president's plan? he's had four years, 23 million people don't have work. so let's start with that. >> the question was asked by -- the question was asked by chris wallace on fox, being asked by other republicans, where is the math, how do you add up those tax cuts, even eliminating some deductions, which deductions would you eliminate, let's be specific and how will you do that and reach deficit reduction, which programs will be cut? >> the question is,
tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major credit card company is going to pay up to seattle, to settle claims of illegal practices. american express will refund $85 million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will pay million in fines. similar claims, were settled with capital one and discover. >>> well a decorated philadelphia police officer is facing brutality charges after punching a woman attending a parade. the confrontation was captured on video sunday. it is going to happen on the left side of the screen
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pleaded to the same about events occurring in dallas, taxes on november 22nd and in his testimony before the warren commission. he doesn't know what it is but he looks up and in kennedy's car which is two cars that had he sees what he calls in his report not normal movements. the president appears to be tilting to the left. we know now the poignant tragic reason that kennedy was tilting to the left was because although he had been hit by one shot he couldn't fall down because president kennedy had this terribly bad back and he wore a heavy corsets and on days like the dallas day where he knew he was going to have a long hard day, he would rather around his legs and his waist of bandage in a figure reconfiguration to give him extra support. when he was hit by the first shot he goes like this and staff hit by the second shot. youngblood sees not normal movement. the president children and at the same moment he sees an agent in the second car. the secret service car rising to his feet and grabbing his automatic rifle and looking around. he doesn't know for what. we know what youngblood does
reluctance to go into detail about his policies. for instance, he has not indicated what tax loopholes he would close to pay for his tax cuts. they hope he will be pressed on this wednesday night. we go now to david muir traveling with the romney campaign. >> reporter: hey, jake. good evening from denver. the debate two days from now in this city. mitt romney will appear a short time from now at a rally right behind me. his campaign today acknowledging he will spend most of his time hunkered down, preparing for the most important night of his political career. the debate stage coming together here at the university of denver, where governor romney will stand on the same stage with the president for the first time. romney flying here from boston today, along with a team of top advisers with whom he's practiced extensively. in early september, he spent days at this secluded retreat in vermont. then, more practice in los angeles. then, just this weekend in boston. and playing the role of the president in those mock debates, senator rob portman of ohio. portman taking pointed shots at romney
more than half a trillion dollars, automatic tax increases and deep spending cuts would kick in if the country goes over that fiscal cliff. >> that's significant. you look at some of these numbers. just you throw out numbers like test you throw out numbers like you can't put your mind around it. a married couple with two kids inc00 more, $6,000 more almost. and then if some of the child deductions, obama's payroll tax cut isn't renewed, you won't get tax breaks for each child as well. >> one of the steepest increases in history of the country. a big deal. remember, we got to this point because the super committee, bipartisan committee did not get the job done, they did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no mattewhat they got to get thie be cf1p201. >>> moving on this morning, another major credit card company is going to pay up to company is goingresnd $ up to million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will also pay $27.5 million, similar
for it. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ ,,,, appeal award two years in a row. of the hottest temperaturesf >>> a little taste of summer at the dawn of october. the bay area is roasting in some of the hottest temperatures of the year. even san francisco topped 90 degrees. cbs 5 reporter, on this late- season sizzle. >> reporter: it d
-- or the next six weeks, and over and over again you're going to hear my opponents talk about how bigger tax cuts, fewer regulations, that's the way to go. and since government can't do everything it should do almost nothing. they're making -- if you can't afford health care, then hope you don't get sick. if you can't afford college, borrow money from your parents. you know what? that's not who we are. i don't think government can solve all our problems but government's not the source of all our problems, either. there's some things we've got to do together. we -- instead of going around blaming somebody, unions or immigrants or gays or somebody, for what's going on, what we need to do is pull together. we're all in this together. we believe that america only works when we all accept responsibility for ourselves, and for each other. that's how we- >> and mr. obama will be on the road through wednesday's first presidential debate. mitt romney heads to colorado tomorrow, where he'll hold a rally, and continue his preparations for wednesday's showdown in denver. he went to church this morning o
, saying he wouldn't release his tax returns, talking about bain capital, as howard has brought up before. and then the 47% video comes out and it sort of says, oh, it verifies everything the obama campaign has been saying about this guy. now i've heard it straight from romney's mouth. that's the extra hurdle now that he's dealing with with this final sliver of voters who can move, and that's -- but they haven't yet. >> howard, a question for you, it's historic. why do some candidates like bobby kennedy, jack kennedy, even pat buchanan, come out of a campaign learning about something? you actually learn something. and you have an emotion about it because you have been relatively prifed, most candidates have, and you get exposed to people's lives who are very difficult. why do you think romney has avoided that moment where he says, i get it. >> if he had that moment, he doesn't show it. and the secret videotape made back in may is that romney didn't understand that 47%, but that he had contempt for that 47% thap that 47%. that's the killer. that's what the obama campaign have put on televi
Search Results 0 to 49 of about 56 (some duplicates have been removed)

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